Skip to main content
  1. News
  2. Business & Finance
  3. Industry hits $1MM in sales through Bitcoin

See also announced that the online retailer has surpassed $1,000,000 in sales paid by Bitcoin since launching the partnership in January.

During the program's first 50 days, more than 4,000 customers made purchases with Bitcoin on The average order size for the purchases was $226, which is 34% higher than non-Bitcoin purchases. More than half of all customers paying in Bitcoin were first-time buyers on the site.

Net profitability for improved as well, with processing fee for Bitcoin transactions averaging less than 1% compared to 2.2% plus $0.20 for credit card transactions. For a low-margin, high volume business like, these savings are substantial.

“There’s clearly a huge community of people who support this. Our customer service lines are going nuts with people who appreciate this," said Patrick Byrne, chairman and CEO.



  •  Day 17
    Israel continues their ravaging bombardment on Gaza as the conflict wages on
  • MH17 victims arrive home
    40 bodies of the MH17 plane crash return to a somber homecoming in Holland
    Top News
  • Military advisers to Ukraine
    President Obama announces the deployment of military advisers to Ukraine
  • Bubonic plague in China
    A bubonic plague outbreak in Yumen prompts China to quarantine the city
    World News
  • Air Algierie disappearance
    A flight headed from Burkina Faso to Algeria disappears from radar over Mali
  • Windows Phone training portal
    Microsoft launches Windows Phone training portal in attempt to woo consumers